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What is the ideal Mix: FI Bluchip+QLTE+PPFAS

Right now I am investing in Franklin India Bluechip Fund and Quantum Long-Term Equity Fund.

I am planning to add PPFAS Long Term Value as part of modifying my portfolio.  I am planning to follow this investment allocation(%):

Franklin India Bluechip Fund -50 %
PPFAS Long Term Value-35%
Quantum Long-Term Equity Fund -15%

Is this mix OK? Pls refer the stock overlap table below.

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